Introduction

2.1. Categories for valuing oil, natural gas liquids, or natural gas properties. -- Parcels of property bearing or having the potential to bear oil, natural gas liquids, or natural gas or having the oil, natural gas liquids, or natural gas mineral interests separated from the fee of the property shall be categorized as:

2.1.1. producing property (to include home use, farm use, and industrial use on-property consumption);

2.1.2. non-producing property;

2.1.3. barren property; or

2.1.4. plugged and/or abandoned property.